This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose equilibrium real GDP is currently at 800 billion and investment is 100 billion. If an ... (Read 34 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
on: Jun 30, 2018
Suppose equilibrium real GDP is currently at 800 billion and investment is 100 billion. If an increase in the interest rate reduces investment from 100 billion to 75 billion, and the MPC is 0.8, the new level of equilibrium real GDP will be:
 a. 500 billion.
  b. 600 billion.
  c. 675 billion.
  d. 775 billion.
  e. 800 billion.

Question 2

What is the length of the term of the members of the Board of Governors of the Federal Reserve System?
 a. Four years.
  b. Six years.
  c. Fourteen years.
  d. Life or until the member resigns.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


clippers!

  • Member
  • Posts: 828
Reply 2 on: Jun 30, 2018
Excellent

rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Wilson and Simberloff's experiments on the equilibrium model of biogeography. Wilson and Simberloff's experiments on the equilibrium model of biogeography.
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
Othmer’s Equilibrium Still Schematic Diagram Othmer’s Equilibrium Still Schematic Diagram
Kinesthesis and Equilibrium with skating Kinesthesis and Equilibrium with skating
An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ... An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Polysaccharides

For a complete list of videos, visit our video library